New Zealand Legislation: Acts

7 Classification of new quota

• (1) If the responsible Minister declares under section 18 of the Fisheries Act 1996 that a stock is subject to the quota management system, Te Ohu Kai Moana Trustee Limited must, within 6 months of the notification of that declaration,—

  • (a) determine the appropriate classification for the stock in accordance with sections 8 and 9; and

  • (b) in accordance with section 8, determine, for every harbour specified in Schedule 2 that is within the relevant quota management area, either—

    • (i) the quantity of harbour quota for the stock; or

    • (ii) that there is no harbour quota for the stock; and

  • (c) publish in the Gazette—

    • (i) the classification of the stock; and

    • (ii) whether harbour quota applies to that stock; and

    • (iii) the quantity, if any, of each harbour quota for the stock.

  (2) A Gazette notice under this section applies as if Part 2 of Schedule 1 and Part 2 of Schedule 2 were amended in accordance with determinations made under this section and sections 8 and 9.